The Business Times, 3 April 2012

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Total Pages: 36
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 120/08/2011 Tuesday, April 3, 2012
    25 words
  • Article
    Lock icon Curbs on backdoor buys of landed homes
    709 1  -  Foreigners affected as URA won’t allow strata landed homes on condo projects By KALPANA RASHIWALA [SINGAPORE] Starting today Urban Redevelopment Authority (URA) will no longer allow strata landed homes to be built in projects with “condominium” status. Market watchers say that this will
    709 words
  • Article
    Lock icon DBS changes dynamics with Danamon swoop
    924 1  -  $9.1b bid for Indonesian bank may give it vital foothold in high-growth market By TEH TEH SHI NING [SINGAPORE] DBS yesterday underscored its regional ambitions with a $9.1 billion bid for Indonesia’s Bank Danamon. It has agreed to buy over Temasek Holdings’ 67 per
    924 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      109 1 us$ s$ US$ (S$ per US$) 1.253 (US$/S$ per 1.603 2.010 EURO (US$/S$/E) 1.337 1.675 Foreign currency per US$ S$ YEN 82.90 66.20 RM 3.052 2.435 HK$ 7.765 6.195 BAHT 30.82 24.59 RUPIAH 9,168 7,315 RENMINBI 6.298 5.025 INDIAN RUPEE 50.82 40.55 A$ 0.961 0.766 NZ$ 1.218 0.972 KL
      109 words
    • Article
      Lock icon PRIME RATES
      17 1 SINGAPORE 5.38 MALAYSIA 6.55 HONG KONG 5.00 INDONESIA 14.702 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
      17 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon For DBS, Danamon looks the real deal
      850 2  -  COMMENTARY CONRADTAN Correspondent DBS Group is on the prowl. The bank, already the biggest lender in South-east Asia, has offered $9.1 billion to acquire a 99 per cent stake in Indonesia’s Bank anamon, the maximum permitted by the country’s laws. At the same
      850 words
    • Article, Illustration
      Lock icon By-election, currency move seen as good for Myanmar
      779 2  -  By FELDA CHAY [SINGAPORE] Myanmar’s reform drive made further headway as international observers commended its Sunday by-election for being orderly and relatively transparent, and as its central bank moved to bridge the huge discrepancy between what used to be the official rate
      779 words
    • Article
      Lock icon Drydocks World submits plan to court to restructure US$2.2b debt
      477 2  -  By JAMIE LEE [SINGAPORE] Dubai’s shipyard operator DryDocks World is restructuring its US$2.2 billion debt in a way that will effectively “extinguish” the liability claims held against its South-east Asian subsidiary, which includes its Singapore operations, court documents showed yesterday.
      477 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon DBS changes dynamics with Danamon swoop
        58 2 DBS yesterday underscored its regional ambitions with a $9.1 billion bid for Indonesia’s Bank Danamon. It has agreed to buy over Temasek Holdings’ 67 per cent stake in Danamon via a $6.2 billion share-swap, and plans to launch a cash offer of $2.9 billion
        58 words
      • Article
        Lock icon Curbs on backdoor buys of landed homes
        54 2 STARTING today, Urban Redevelopment Authority will no longer allow strata landed homes to be built in projects with “condominium” status. Market watchers say that this will effectively close an avenue which has allowed foreigners to buy strata landed homes within such projects without
        54 words
      • Article
        Lock icon By-election, currency move seen as good for Myanmar
        58 2 MYANMAR’S reform drive made further headway as international observers commended its Sunday by-election for being orderly and relatively transparent, and as its central bank moved to bridge the huge discrepancy between what used to be the official rate for the local currency,
        58 words
      • Article
        Lock icon Diverging trend poses challenge for policymakers
        56 2 THE divergence in performance between mass-market condos defined as those in Outside Central Region and others elsewhere has come into sharp focus. The Urban Redevelopment Authority’s Q1 2012 flash estimates saw its benchmark private home price index dipped 0.1 per cent quarter on quarter
        56 words
      • Article
        Lock icon US manufacturing growth in March beats forecast
        45 2 MANUFACTURING in the US expanded at a faster pace than forecast in March, a sign the industry is weathering slower global growth. The Institute for Supply Management’s factory index climbed to 53.4 last month from 52.4 in February.
        45 words
      • Article
        Lock icon Bartley apartments, houses sold en bloc for $74.1m
        69 2 BARTLEY Grove Apartment, together with three adjoining terrace houses has been sold to Bartley Homes Pte Ltd, a subsidiary of Top Global Ltd, for $74.1 million, or some $810 per square foot per plot ratio. The collective sale of the 25-unit development
        69 words
    • Article
      Lock icon Diverging price trends a challenge for policymakers
      938 4  -  URA indices show gap between central and outside central home price changes By KALPANA RASHIWALA [SINGAPORE] The divergence in performance between mass-market condos defined as those in Outside Central Region (OCR) and others elsewhere has come into sharp focus. The Urban Redevelopment Authority’s
      938 words
    • Article, Illustration
      Lock icon Bumper supply takes its toll on resale HDB flats
      592 4  -  Buyers spoilt for choice with more, varied BTO units By MICHELLE TAN [SINGAPORE] The hype over HDB resale flats is starting to fizzle out as the government continues to roll out an extensive pipeline of Build-To-Order (BTO) units across the island,
      592 words
    • Article
      Lock icon Mystery shopping survey: One-third of proposals ‘unsuitable’
      767 4  -  MAS also announces members of the panel of the Financial Advisory Industry Review By NISHA RAMCHANDANI [SINGAPORE] Up to onethird of recommendations by financial advisory (FA) representatives in a recent mystery shopping exercise were “clearly unsuitable”, according to preliminary findings. Representatives were also
      767 words
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      47 4 How to run a business without running out of ideas SME March/April issue out now! Available at Caltex, Esso, Shell and SPC petrol stations, 7 Eleven and Cheers stores and leading bookstores To subscribe ($30 for six issues delivered to your office or home), please call 6388-3838.
      47 words
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  • Page 5 Advertisements
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      59 5 vi. 1 4 emiratcs.com/sg orrow rewards curious people indulge their curiosities Ely Emirates to 6 continents. n f msm f Wz V *1 ‘lie I ■m n I r. ft u t*\» G C! I .1 r 4 SIf .-ifk Z'0£j ty/fm-M *ki'. •y-u t" N U J Hm rr
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      222 6 Lee Kong Chian School of Business Joint MSc in QUANTITATIVE FINANCE BY SMU AND CASS BUSINESS SCHOOL Making the cut in the global new normal This programme is ideal for Fresh graduates who want to pursue a career in quantitative risk management, hedge fund management, and proprietary trading Professionals who
      222 words
  • COMPANY NEWS
    • Article
      Lock icon Soup in buyout offer to Dian Xiao Er couple
      501 6  -  Hearing moved to today, as parties try to work out buyout settlement By JOYCE HOOI By THE feud between the Dian Xiao Er couple and Soup Restaurant Group (Soup) was yanked from the brink of trial yesterday before it even began.
      501 words
    • Article
      Lock icon Oxley Holdings shedding its ‘shoe-box’ image
      810 6  -  HOCK LOCK SIEW By VEN SREENIVASAN IF THE reception for the launch of its 33-storey Oxley Tower at Robinson Road last Friday is any indication, property company Oxley Holdings has finally arrived as a serious contender in the realm of commercial property development. All
      810 words
    • Article
      Lock icon Semisub demand good for local rigbuilders
      462 6  -  By LYNN KAN ANALYSTS are heralding a fresh wave of semi-sub-mersible rig orders that will fill the sails of Sembcorp Marine and Keppel Corporation, the rigbuilders listed on the Singapore Exchange. “We believe the stage is set for an upswing in orders for semisubs
      462 words
    • Article, Illustration
      Lock icon Navis to take Adampak private in $110.7m buyout
      528 6  -  Navis is making the offer through Safe Label Group Pte Ltd By KELLY TAY IN its fourth buyout of a Sin-gapore-listed company, private equity firm Navis Capital Partners is offering to pay $110.7 million for Adampak Ltd, a manufacturer of high-performance labels,
      528 words
    • Article, Illustration
      Lock icon Maybank Kim Eng beefs up research
      568 7  -  Broker aims to double profits from institutional broking activities by 2015 By LYNETTE KHOO MAYBANK Kim Eng has set a bold target of achieving an annualised 20 per cent jump in profits from institutional broking activities in the next five years and double the
      568 words
    • Article
      Lock icon Guthrie acquires remaining stake in Heartland
      347 7  -  By JAMIE LEE GUTHRIE GTS, a property developer and operator of malls in Singapore, will spend $99 million to buy the remaining 50 per cent stake of a heartland mall and six standalone retail centres in suburban areas that it does not own. Guthrie
      347 words
    • Article
      Lock icon Samko to buy Bioforest for $7.38m
      455 7  -  It will tap tech for mass tree planting via genetic copying By JOSHUA TAN PROCESSED timber products company Samko Timber, listed in Singapore and based in Indonesia, is looking to take over all of Bioforest Pte Ltd for $7.38 million. Bioforest and its 99
      455 words
    • Article
      Lock icon UEL buys two China plants for 116m yuan
      360 7  -  By CARINE LEE CHINESE water treatment company United Envirotech Ltd (UEL) is expanding its wastewater treatment portfolio with the acquisition of two plants for a total of 116 million yuan (S$23 million). The two plants, located in Fuqing and Shaxian respectively, give
      360 words
    • Article
      Lock icon Sino-Forest shareholder wants to restructure company
      321 7 Reuters Bloomberg SINGAPORE-BASED Richard Chandler Corp, the largest shareholder in Sino-Forest Corp, said yesterday that it has proposed a restructuring plan for the embattled Chinese forestry company. The investment group said it has assembled a team led by an Asian forestry specialist to oversee
      Reuters; Bloomberg  -  321 words
    • Article, Illustration
      Lock icon 5 more securities firms sign on with OneKey
      595 9  -  Phillip Securities has started using the token with its group of mobile remisiers By VICTORIA HO FIVE more securities trading firms have said yes to the government-driven security token, the OneKey device. Similar to the login keychain devices provided by banks such
      595 words
    • COMPANY BRIEFS
    • Article
      Lock icon Tee Int’l chairman, CEO under CAD investigation
      121 9 TEE International’s non-executive chairman Bertie Cheng Shao Shiong and its CEO, Phua Chian Kin, are the subject of an investigation by the Commercial Affairs Department (CAD) on possible contravention of market rigging provisions in the Securities and Futures Act, Tee International said yesterday
      121 words
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      Lock icon Page 7 Advertisements Column 1
      171 7 INCREASE your business bottom-line. HP SPAR Storage Systems provide agility and efficiency that your business needs in today's economy. We have already helped hundreds of customers reduce their storage capacity requirements by 50% or more. This saving is now guaranteed* find out more at www.hp.com.sg/hpsd Copyright 2012 Hewlett-Packard Development Company,
      171 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Penny stock fever rages unabated
      576 8  -  MDR accounts for 19% of the total market volume of 4.3b units worth a mere $935m STOCKS R SIVANITHY Senior Correspondent PUNTING of sub-5-cent stocks reached feverish levels yesterday as liquidity continued to drain away from the local market excluding foreign currency issues, a massive
      Source: Bloomberg  -  576 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 8 Apr 2 VALUE CLOSE BT OB/OS 96.00 +217.0 BT CADI -*****.00 +115.0 BT 10-day MA -*****.00 +9.00 FTSE ST Mid Cap 697.81 +3.00 FTSE ST Small Cap 471.23 +1.93 FTSE ST All Share 730.53 +1.74 FTSE ST China Top 228.83 +0.95 FTSE ST China 256.01 +1.31 FTSE
      66 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 7 2 0 0 0 7 7 2 Manufacturing 68 47 42 9 8 6 77 55 48 Commerce 32 15 18 6 0 3 38 15 21 Tpt/Stor/Comms 20 9 10
      186 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Singapore Banks
        368 8 DBS Group Research, April 2 NO surprises as February 2012 loan growth moderated to 27.6 per cent y-o-y, 2.5 per cent q-o-q and 1 per cent m-o-m. Momentum continued to be driven by business loans albeit slower than previous months. Housing loans were stable at 16.1 per cent
        Source: Bloomberg  -  368 words
      • Article, Illustration
        Lock icon Amtek Engineering
        352 8  -  Compiled by LYNETTE KHOO April 2 close: $0.745 Maybank Kim Eng Research, April 2 WE initiate coverage on Amtek Engineering with a “buy” rating and a TP of $1.09, pegged at 11 times PE for FY13 (year-end: June). Despite trading at lower valuations than its EMS (electronics manufacturing
        Source: Bloomberg  -  352 words
      • Article
        Lock icon Glossary:
        136 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
        136 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 22,007 22,007 45,923 45,923 Manufacturing 460,735 301,150 761,885 187,852 5,002 192,853 Commerce 463,874 11,755 475,629 75,966 549 76,516 Tpt/Stor/Comms 106,117 8,059 114,176 134,497 1,834 136,331 Finance 17,694 58 17,752 83,297 12 83,309 Construction 529,647 170,638
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      110 8 Stock name Close Change Stock name Close Change CapMallsAsia 1.645 +0.010 CapitaLand 3.110 -0.010 CapitaMall 1.815 +0.010 CityDev 11.170 -0.180 ComfortDelGro 1.550 -0.010 DBS Grp 14.180 F&N 6.760 +0.060 GLP 2.210 +0.010 Genting SP 1.705 Golden Agri 0.795 +0.010 HK Land 5.920 +0.110 JMH 50.410 +0.410
      110 words
    • Article, Illustration
      Lock icon Euro drops vs dollar, yen on mfg data
      392 8 CURRENCIES [NEW YORK] The euro fell against the US dollar and yen yesterday, as weak European manufacturing data prompted investors to contrast the outlook for the eurozone with the improving US economy. The euro remained vulnerable to renewed bouts of selling after
      AFP  -  392 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      54 8 VOLUME MDR 801,736,000 HLH Grp 359,168,000 MDR W*****5 349,348,000 Sunmoon 210,666,000 SingXpress 168,261,000 TopGlobal 157,022,000 Goldtron 120,579,000 JEL Corp 117,966,000 AdvanceSCT 114,732,000 Cordlife 103,853,000 VALUE($) Cordlife 78,401,305 Golden Agri 51,899,785 Genting SP 41,050,460 OCBC Bk 37,615,670 UOB 34,026,470 SingTel 31,127,410 Wilmar 27,242,580 Keppel Corp 25,579,580 STXOSV 24,518,575
      54 words
    • Article
      Lock icon RISES
      112 8 BY CENTS CLOSE UP IS DJ US Tech 7794 484.8 5.2 Jardine C&C 4929 100.0 2.1 JSH 3129 97.7 2.6 Lyxor Nasdaq100 10US 1108 94.0 7.3 IS S&P500 ***** 56.4 0.3 JMH 5041 51.4 0.8 DBXT MSINDO 10us$ 1534 43.9 2.3 DBXT MSINDIA 10US$ 861 32.6 3.1 IS LC
      112 words
    • Article
      Lock icon FALLS
      125 8 BY CENTS CLOSE DOWN Asia Pac Brew 3400 -50.0 -1.4 CIMBAsean40 100US$ 1036 -38.8 -2.9 F&N.ES.1204 673 -20.0 -2.9 CityDev 1117 -18.0 -1.6 DBXT CSI300 10US$ 821 -12.5 -1.2 IS LC 1-3Y 100US$ 1007 -10.0 -0.8 Lyxor ThaiSET 10US$ ***** -10.0 -0.1 Great Eastern 1380 -10.0 -0.7 Daiwa FT
      125 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
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      362 9 SID Singapore Institute of Directors Professional Training for Company Directors The Singapore Institute of Directors (SID) is the national association of company directors. SID promotes the professional development of directors and corporate leaders. It works closely with private sector professional firms, academia and regulators, its network of members and professionals,
      362 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Japan keen to play big role in Asean connectivity
      513 10  -  It’s expressed early interest in railway and similar projects in the Master Plan By CHUANG PECK MING in Phnom Penh JAPANESE companies are likely to play a big role in the push for Asean connectivity as the deadline for the Asean
      LIANHE ZAOBAO  -  513 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Opening ceremony for MPAM course
        75 10 THE Lee Kuan Yew School of Public Policy and the National University of Singapore Business School yesterday held an opening ceremony for their Master of Public Administration and Management (MPAM) Programme yesterday. For the first time, the programme conducted in Mandarin and with participation from
        75 words
      • Article
        Lock icon IP Academy becomes part of IPOS
        75 10 THE IP Academy (IPA) becomes part of the Intellectual Property Office of Singapore (IPOS) with effect from April 1. The move will enable the IPA to firm up its IP capabilities and infrastructure to help develop Singapore as the IP hub of Asia. Heading
        75 words
      • Article
        Lock icon Former chief valuer joins KPMG
        45 10 FORMER chief valuer Leung Yew Kwong joined KPMG as a principal tax consultant yesterday. Previously a tax lawyer at WongPartnership LLP, Mr Leung was named by Chambers Asia Pacific as one of Asia Pacific’s leading lawyers for business in 2010.
        45 words
    • Article
      Lock icon Tata easing into S’pore’s private banking scene
      570 10  -  By MALMINDERJIT SINGH SINGAPORE’S effort to position itself as a private banking hub has attracted the financial arm of a world-re-nowned Indian multinational company to enter the industry here. The new player in Singapore’s private banking industry is targeting to establish itself here
      570 words
    • Article
      Lock icon Industries seen driving new LNG demand
      624 10  -  By RONNIE LIM WITH the generating companies already sopping up most of LNG importer BG Group’s franchised volumes, Singapore’s incremental gas demand in the near term until 2017 is not expected to be large, says the Energy Market Authority. For the next few years,
      624 words
    • Article
      Lock icon Why so few S’poreans in services sector?
      511 10  -  By JASMINE NG The government’s drive to cap the hiring of foreign workers will nudge businesses towards higher productivity if Singaporeans change their mindset about the services sector, said a panel of experts yesterday. Speaking at a seminar organised by the Inland Revenue
      511 words
    • Article
      Lock icon An enduring tie-up between ITE, German state
      533 10  -  By LEE U-WEN THEIRS is a friendship that has endured 21 years. It was back in 1991 when Singapore’s Institute of Technical Education (ITE) then still known as the Vocational and Industrial Training Board first partnered the Ministry of Education, Youth and Sports
      533 words
    • Article
      Lock icon IRAS simplifies tax filing for small companies
      255 10 THE Inland Revenue Authority of Singapore (IRAS) is simplifying tax filing for small companies to help them reduce compliance costs and increase their overall productivity. Under the new framework, firms with turnover not exceeding $1 million will no longer be required to file
      255 words
  • Page 10 Advertisements
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      109 10 Learn about investment through the Updated on a weekly basis Understand the meaning of various financial terminologies (such as “Dividend Payout Ratio” and “Stock Beta”) and how to use them Learn the basics of investing in shares Make sense out of all the financial mumbo-jumbo by visiting blog.shareinvestor.com Scan QR
      109 words
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  • SME Inc
    • Article, Illustration
      Lock icon Full steam ahead with an eye on environment
      1050 11  -  Zero Spot Laundry Service CEO tells JOSHUA TAN about his firm’s growth, expansion plans JOSHUA TANabout MANY entrepreneurs have clearly defined goals and ambitions when venturing into the business world. However, for Alex Teo, CEO of Zero Spot Laundry Service Pte Ltd,
      YEN MENG JIIN  -  1,050 words
    • Article, Illustration
      Lock icon Going beyond borders for cash-strapped start-ups
      939 12  -  Habitat aims to help start-ups find the right partners by ‘selling’ themselves By ANNA LEE BRYAN KOH CASH-STRAPPED start-ups now have the opportunity to scale beyond their borders once online networking website Startup Habitat comes full swing. The brains behind this novel concept, Ms
      939 words
    • Article
      Lock icon ICT firms get a hand in Philippines, Indonesia
      336 12  -  By ANNA LEE SMALL and medium-sized infocomm technology (ICT) companies are getting a leg up in penetrating the growing education markets of the Philippines and Indonesia. IE Singapore and SingTel have organised two exploratory trips under the SingTel Innovation Exchange (SiX) a
      336 words
    • Article, Illustration
      Lock icon Boost your productivity with the cloud
      1412 13 COMMENTARY THE recent Budget 2012 is clear that produc-tivity-driven, rather than labour-driven, growth will pave the way for Singapore’s future. The government has adopted a carrot-and-stick approach by tightening the foreign worker quota and incentivising innovation and productivity through enhancement of the Productivity and
      REUTERS  -  1,412 words
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      439 11 COMMENTARY Boost your productivity with the cloud PAGE 13 Attend Trading Workshops by Industry Experts Bert Antonik Dr. John Clayburg Equities, Forex, Technical Analysis Strategies, Platform Immersion and Personal Trading Plan Instructor Topic: Trading Breakouts vs. Market timing (7 April, Sat, 10.30am 12.00pm) Bonus: FREE Technical Analysis CD worth $49.95!
      439 words
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      1295 12 WATO NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IFS Capital Limited (Incorporated in the Republic of Singapore) Company Registration No. *****0827C NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Fifth (25th) Annual General Meeting of IFS Capital Limited (the “Company”) will be held at the IFS Boardroom,
      1,295 words
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      83 13 English Workplace BETTER COMMUNICATION, GREATER EFFICIENCY, HIGHER PRODUCTIVE ©SINGAPORE WORKFORCE SKILLS QUALIFICATIONS v Serve Confidently with Effective Communication English Workplace brings customised English courses to your workplace. Your staff will be able to: Communicate better s/ Enhance their personal effectiveness V' Improve individual and team performance Sign up for English
      83 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon BOJ action fails to lift Japanese manufacturers
      609 14  -  Latest tankan survey shows sentiment stays flat, contrary to market hopes By ANTHONY ROWLEY in Tokyo CORPORATE sentiment in Japan is not improving as expected to in the wake of the Bank of Japan’s recent surprise monetary easing moves and the consequent weakening
      BLOOMBERG  -  609 words
    • Article
      Lock icon Pick-up in orders drives UK industry in March
      286 14 Reuters [LONDON] British manufacturing activity expanded at its fastest pace in 10 months in March, driven by a pick-up in new orders and increasing the chance that Britain’s economy grew in the first three months of 2012 and avoided a recession. Together
      Reuters  -  286 words
    • Article
      Lock icon Eurozone PMI fall worsens; France, Germany also hit
      409 14 New factory orders shrink, signal poor prospects for April Reuters [LONDON] The eurozone’s manufacturing sector shrank for an eighth month and at a faster pace in March, adding to signs the bloc is in recession as the downturn spread to core members
      Reuters  -  409 words
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      1171 14 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices (Constituted in the Republic of Singapore pursuant to a Trust Deed dated 19 October 2006 (as amended)) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Third Annual General Meeting (“AGM”) of the holders of units of First Real Estate Investment
      1,171 words
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      Lock icon Page 14 Advertisements Column 2
      1205 14 SING HOLDINGS LIMITED Co. Reg. No. *****0165G NOTICE OF ANNUAL GENERAL MEETING TO ALL SHAREHOLDERS NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Sing Holdings Limited will be held at The Executive Club, 65 Chulia Street #33-01 OCBC Centre Singapore *****3 on Wednesday, 18 April 2012 at 3.30
      1,205 words
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      391 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TAI SENG CONSTRUCTION COMPANY PRIVATE LIMITED Regn. No. *****1208M (IN MEMBERS’ VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of the abovementioned Company deemed to be held at 9 Temasek Boulevard #19-02 Suntec Tower
      391 words
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      4946 15 VOLUNTARY CONDITIONAL CASH OFFER by PRIMEPARTNERS CORPORATE FINANCE PTE. LTD. (Company Registration No.: *****7389D) (Incorporated in Singapore) for and on behalf of SAFE LABEL GROUP PTE. LTD. (Company Registration No.: *****7303C) (Incorporated in Singapore) to acquire all of the issued and paid-up ordinary shares in the capital of ADAMPAK LIMITED
      4,946 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon CIMB buys RBS’s Asia-Pac cash equities biz
      537 16  -  RM849.4m deal will make it the largest investment banking franchise in region By S JAYASANKARAN in Kuala Lumpur MALAYSIA’S second largest lender CIMB yesterday announced the acquisition of most of the Asia-Pacific cash equities and associated investment banking businesses of the Royal Bank
      BLOOMBER FILE PHOTO  -  537 words
    • Article
      Lock icon DBS buying 14.2% AFG stake, eyes bigger slice
      578 16  -  Central bank okays talks with owners of rest of 29.06% stake By in PAULINE NG in Kuala Lumpur DBS Bank Ltd, which has signalled its intention to establish a foothold in Malaysia via the acquisition of a 14.2 per cent stake held
      578 words
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      1866 16 KATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices INNOVALUES LIMITED Registration No. *****2822E (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2012 Annual General Meeting of the shareholders of the Company will be held at 8 Wilkie Road #03-01 Wilkie Edge Singapore *****5 on
      1,866 words
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      Lock icon Page 16 Advertisements Column 2
      318 16 In the matter of The Companies Act, Cap. 50 And In the Matter of VESCOM (S) PTE. LTD. Company Reg. No. *****2630D STATUTORY DECLARATION BY DIRECTORS OF COMPANY’S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILTIIES We, NG KENG CHEOK, NRIC No. S*****80A of 613 Clementi West Street 1
      318 words
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      182 16 The 12th International Exhibition of Wine Spirits www.winespiritsasia.com dessert distilled C beer 0> oQ.g c—£ .5Vum2 go| «C<D aleC O} breweryQQ essence acidity champagne*nose improving sommelier 7 O |ager withal barrel c o bottle t maceration! rich mntnrntion tull-bodied spirits 50 io<3 Q Q c 'J' O E > OT3
      182 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China’s top priority is to boost domestic consumption: VP
      514 17 China will stick to its goal of stabilising growth while curbing inflation Reuters [BOAO, China] China’s top priority is to boost domestic consumption to maintain relatively strong economic growth, at the same time increasing imports from other Asian countries, VicePremier Li
      Reuters; AP  -  514 words
    • Article
      Lock icon Global trade bodies critical of India’s new tax proposals
      270 17 Reuters [MUMBAI] International trade associations representing more than 250,000 companies have written to Indian Prime Minister Manmohan Singh criticising new taxation proposals and warning that investment plans by overseas companies could be reconsidered. India’s federal budget last month outlined proposals that
      Reuters  -  270 words
    • Article
      Lock icon Manufacturing growth in India slows in March
      409 17 Bloomberg [NEW DELHI] Indian manufacturing grew at the slowest pace in three months in March, supporting the case for an interest-rate cut to bolster economic expansion. The Purchasing Managers’ Index (PMI) fell to 54.7 from 56.6 in February, HSBC Holdings plc and Markit
      Bloomberg  -  409 words
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      847 17 OPTIMISE YOUR PERFORMANCE DURING TOUGH TIMES Who should attend: VPs, Heads, Directors and Managers (Sales and Marketing, Brand and Product), Marketing Support Professionals, PMEBs, and other general management professionals Register at www.stjobs.sg/seminars ST DBS No No.1 Recruitment site in Singapore FULL-DAY SEMINAR FULL-DAY WORKSHOPS Be a Sales Marketing Champion! Thursday,
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      2407 18 SUNPOWER GROUP LTD. (Company Registration No. *****) (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2012 Annual General Meeting of the Company will be held at Carlton Hotel, 76 Bras Basah Road Singapore *****8 in Empress Ballroom 2, Level 2 on
      2,407 words
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      2556 18 Times, Tuesday, April 3, (Incorporated in Singapore) (Company Reg. No. *****5744N) NOTICE OF THIRTEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirteenth Annual General Meeting of Trek 2000 International Ltd (the “Company”) will be held at 30 Loyang Way #07-13/14/15, Loyang Industrial Estate, Singapore *****9 on Friday, 20
      2,556 words
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      2271 19 GALLANT VENTURE LTD. Co. Registration No. *****3179Z (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Gallant Venture Ltd. (the “Company”) will be held at River View Hotel, Lily Ballroom, Level 4, 382 Havelock Road, Singapore *****9 on
      2,271 words
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      2378 19 SWIBER HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4721N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Swiber Holdings Limited (the “Company”) will be held at 12 International Business Park, Swiber@lBP #03-02 Singapore *****0, on Wednesday, 18 April 2012,
      2,378 words
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  • WORLD
    • Article, Illustration
      Lock icon US job market turns around for graduates
      619 20 Some first-time job seekers are even getting multiple employment offers BETTER JOB PROSPECTS Reuters [NEW YORK] Hiring is back in a big way on many college campuses, one of several signs a recovery in the US jobs market is gaining traction. After four
      Reuters; REUTERS  -  619 words
    • Article
      Lock icon Japanese brokers’ boost for grads
      461 20 Nomura and rivals to recruit 13% more graduates in 2013 Bloomberg [TOKYO] Nomura Holdings, Japan’s largest brokerage, and its biggest domestic rivals plan to boost hiring of college graduates by about 13 per cent next year in anticipation of a global market recovery. The firms
      Bloomberg  -  461 words
    • Article
      Lock icon Australia to lure more US construction workers
      337 20 AP [CANBERRA] Australia is hoping to lure more American plumbers, electricians and construction workers to be employed on Outback projects in the burgeoning mining and gas industries by changing how their skills are assessed. Australia has been running immigration seminars in India and
      AP  -  337 words
    • Article, Illustration
      Lock icon Eurozone jobless rate hits 15-year high
      553 21 17m out of work in Feb; manufacturing shrinks in March Reuters [BRUSSELS] Unemployment in the eurozone reached its highest level in almost 15 years in February, with more than 17 million people out of work, and economists said they expected job office queues to
      Reuters; AP  -  553 words
    • Article, Illustration
      Lock icon EU, US considering lifting Myanmar sanctions
      456 21 Bloomberg, Reuters, AFP [BANGKOK] Myanmar dissident Aung San Suu Kyi’s party said it is on pace to win every seat it contested in by-elections yesterday that may prompt the United States and the European Union (EU) to lift sanctions and end the country’s global
      Bloomberg, Reuters, AFP; AP  -  456 words
    • Article
      Lock icon Thai wage move seen as threat to SMEs
      313 21 Bloomberg [BANGKOK] Thailand’s decision to increase the minimum wage starting this month may force 100,000 small and medium-sized enterprises (SMEs) out of business, Thai Chamber of Commerce vice-chairman Bhumindr Harinsuit said yesterday. Wages in Bangkok and six other provinces rise to 300
      Bloomberg  -  313 words
    • Article
      Lock icon Manufacturing grows at faster rate in March
      520 21 Factory index climbs to 53.4; employment gauge rises to 56.1 highest since June LATEST US DATA Bloomberg [WASHINGTON] Manufacturing in the United States expanded at a faster pace than forecast in March, a sign the industry is weathering slower global growth. The Institute
      Bloomberg  -  520 words
    • Article
      Lock icon Greece foreign-bond holders refuse to budge
      503 21 Bloomberg Reuters [LONDON] Investors in Greek bonds issued under foreign law rejected the nation’s attempts to restructure the debt at talks last week. In 20 out of 36 meetings, bondholders either turned down the government’s proposal, adjourned the talks or failed to achieve a
      Bloomberg; Reuters  -  503 words
    • Article
      Lock icon SEA still favoured by businesses for investment: study
      455 21  -  By LEE U-WEN [SINGAPORE] South-east Asia remains a favourable destination for investments, with some 88 per cent of businesses planning to invest or increase investments in at least one Asean country in the near future. This according to a new survey conducted
      455 words
    • Article, Illustration
      Lock icon Miners expect zinc supply glut to reverse in 5 years
      796 22 Old mines running dry, stockpiles may be raided, higher prices expected Reuters [SYDNEY] Zinc miners are betting a long-running global supply glut of the metal used in steel making will turn into a deficit over the next five years as
      Reuters; BLOOMBERG FILE PHOTO  -  796 words
    • Article
      Lock icon New York is world’s top global biz centre: index
      478 22 London, Paris, Tokyo and HK trail US city in the rankings Bloomberg [NEW YORK] New York ranks first as a global business centre in a worldwide survey of cities, the fourth such recognition of its influence in the past five months.
      Bloomberg  -  478 words
    • Article
      Lock icon European firms tap demand for corporate bonds
      433 22 Bloomberg [LONDON] There’s never been a better time to be a corporate treasurer in Europe as cash-rich investors line up to buy bonds at the lowest rates ever. “Treasurers are in pole position,” said Henner Boettcher, funding chief at HeidelbergCement AG, which raised
      Bloomberg  -  433 words
    • Article
      Lock icon Aboriginal rock art to be catalogued
      397 22 AFP [SYDNEY] Australia’s greatest ancient Aboriginal rock art detailing kangaroos, turtles and humans on boulders in the remote Pilbara area will be studied under a US$1.1 million deal announced yesterday. Tens of thousands of the indigenous works, which are scattered over the min-eral-laden region,
      AFP  -  397 words
  • Page 20 Advertisements
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      2249 20 Sake SAKARI RESOURCES LIMITED Company Registration No. *****4024R (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY Gl VEN that the Annual General Meeting of SAKARI RESOURCES LIMITED (“the Company”) will be held at York Hotel, Marie I II, 21 Mount Elizabeth, Singapore *****6 on
      2,249 words
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  • Page 23 Advertisements
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      1387 23 OUHUA ENERGY HOLDINGS LIMITED (Company Registration No. *****) (Incorporated in Bermuda) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of OUHUA ENERGY HOLDINGS LIMITED will be held at Coleman Room, Level 1, Grand Park City Hall, 10 Coleman Street Singapore *****9, on Thursday, 26
      1,387 words
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      4070 23 (Incorporated in the Republic of Singapore) (Company Registration No. *****5211H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SHC Capital Limited (“the Company”) will be held at Orchard Hotel, 442 Orchard Road, Singapore *****9 on Thursday, 26 April 2012 at 2.30 p.m. for
      4,070 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Myanmar’s new era of promise – and peril
      483 24 Myanmar’s new era of promise and peril EDITORIAL IN what has been probably one of the most closely followed by-elections in recent memory anywhere in Asia, the National League for Democracy (NLD) led by Myanmar’s pro-democracy icon Aung San Suu Kyi has won a landslide. Ms Suu Kyi has hailed
      483 words
    • Article, Illustration
      Lock icon After the hype comes hope for the electric car industry
      797 24  -  THE BOTTOM LINE G PANICKER The writer was formerly with BT’s foreign desk ELECTRIC vehicles (EVs) and plug-ins have fallen short of the hype. Sales of GM and Nissan Motor, which launched the first cars for the mass market last
      797 words
    • Article, Illustration
      Lock icon Big bankers holding Europe to ransom
      1009 24  -  If not curbed, excessive power of the few will impose even larger costs on everyone else By DARON ACEMOGLU, SIMON JOHNSON Daron Acemoglu is professor of economics at MIT and co-author of ‘Why Nations Fail: The Origins of Power, Prosperity and Poverty’. Simon Johnson,
      AFP  -  1,009 words
    • Article, Illustration
      Lock icon Latest example of a success story
      1274 25  -  Korea-born doctor’s nomination as World Bank chief highlights Asian-Americans’ contributions in various fields in the US LEON HADAR Washington Correspondent THE unexpected nomination of Jim Yong Kim as the next president of the World Bank has been hailed as a welcome departure by the
      BLOOMBERG  -  1,274 words
    • Article, Illustration
      Lock icon Taking a critical look at Goldman’s forecast
      913 25  -  NEIL BEHRMANN London Correspondent GOLDMAN Sachs strategists are a trifle embarrassed after predicting that stocks were in for a long-term bull market. Following their forecast, share prices around the world have tumbled a downturn that is not that surprising considering the unbroken market
      913 words
    • LETTERS TO THE EDITOR
      • Article
        Lock icon Time to introduce capital gains tax on property
        373 25 ALTHOUGH the government has introduced an array of property cooling measures, it should consider a capital gains tax and complement the stamp duty to rein in the property market fever while providing a good source of government revenue. Stamp duty on property
        373 words
      • Article
        Lock icon Governance requires more than ticking boxes to show compliance
        216 25 I REFER to the letter “SGX corporate governance well within regulations” (BT, March 31). I would like to thank SGX for clarifying that they have complied with applicable regulations. However, compliance with rules is not really my point. As a regulator,
        216 words
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  • Page 26 Advertisements
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      18 26 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices CATS Recruit The first step on your ladder to success CLA/AUG06/g
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      Lock icon Page 26 Advertisements Column 2
      1951 26 WHEELOCK PROPERTIES WHEELOCK PROPERTIES (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****1797H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 39 ,h Annual General Meeting of the Company will be held at Ballroom 1, Level 3, Hilton Singapore, 581 Orchard Road, Singapore *****3
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  • AVIATION
    • Article, Illustration
      Lock icon Kingfisher staff to be paid as govt unblocks accounts
      389 27 Embattled airline settles tax arrears; chief appeals to workers for support AFP [NEW DELHI] The chief of India’s embattled Kingfisher Airlines yesterday promised to give employees their long overdue pay cheques after government authorities unfroze the carrier’s bank accounts. Kingfisher Airlines,
      AFP  -  389 words
    • Article, Illustration
      Lock icon Plane crash in Siberia kills 31 of 43 on board
      487 27 Contact with UTair plane lost within minutes of takeoff Reuters [MOSCOW] A Russian passenger plane crashed and burst into flames after takeoff in an oil-producing region of Siberia yesterday, killing at least 31 of the 43 people on board, emergency
      Reuters; AP  -  487 words
    • Article
      Lock icon US regional carrier Pinnacle files for bankruptcy
      419 27 Reuters [NEW YORK] Pinnacle Airlines Corp filed for bankruptcy protection late on Sunday, as the US regional airline fell victim to high fuel prices and dampened travel demand that has negatively impacted some of the major players. In the past, upon facing financial
      Reuters  -  419 words
    • Article
      Lock icon Air France aims to boost staff productivity by 20%
      293 27 Reuters [PARIS] Air France plans to increase flying hours for staff on European flights by a fifth and expand its Transavia low-cost arm as part of efforts to return to profit in 2014, Les Echos reported, citing the airline’s chief executive.
      Reuters  -  293 words
    • Article
      Lock icon Merger with a larger carrier inevitable, says Royal Jordanian
      272 27 Bloomberg [DUBAI] Royal Jordanian Airlines, a member of the British Airways-led Oneworld alliance, said a merger with a larger carrier is inevitable as high fuel prices, competition from local rivals and a sluggish economy squeeze earnings. While Amman-based Royal Jordanian, founded
      Bloomberg  -  272 words
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      60 27 LIANHE ZAOBAO i i^jp Far surpassing home values Maotai prices soar over55 times in 10 years 10ffWl55|glU± SitHS* To subscribe, call 6388-3838 or go to sphsubscription.com.sg > SlSVoT Ca J 2 a n ls mt actual' 2 STOREY SH0PH0USE Check this out and many other properties in CATS Classified in
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  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      315 27 CRYPTIC CROSSWORD Across 4 Scene of coppers’ beat before start of trouble (8) 8 Composer’s cold invitation to hitch-hiker (6) 9 Make fun of a learner with deadpan coarse humour (8) 10 Old-fashioned accommodation for English troops under canvas (8) 11 Letters collected in this sample of epistolary art nicely
      315 words
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  • SHIPPING
    • Article, Illustration
      Lock icon Stricken cruise ship arrives in M’sian port safely
      471 28 Engine-room blaze sets back industry already reeling from two recent incidents AFP [SANDAKAN, Malaysia] A luxury cruise ship with 1,000 people on board that was stranded for 24 hours after a fire arrived at a Malaysian port late on Sunday, a maritime
      AFP; AP  -  471 words
    • Article
      Lock icon Low water levels hamper Rhine river shipping
      135 28 Reuters [HAMBURG] Low water levels on the Rhine in Germany mean vessels cannot sail fully loaded on parts of the river, traders said yesterday. Water levels at Cologne and Koblenz had fallen below levels at which vessels could sail with full holds after
      Reuters  -  135 words
    • Article
      Lock icon TRANSPORT ST0CKS
      255 28 SGX '000 Apr 2 S$ +/-Vol CH Offshore 0.40 0.01 549 Chuan Hup Hldg 0.23 unch 225 Cosco Corp 1.16 -0.01 6252 S$ Ezra Hldgs 1.16 0.01 4714 First Ship Lea 0.22 0.01 895 Freight Links 0.06 unch 4045 Grand Banks 0.18 unch 2 Jaya Hold Ltd 0.57
      255 words
    • Article
      Lock icon Indebted Torm fails to raise capital: report
      215 28 Reuters [COPENHAGEN] The future of indebted Danish shipping company Torm looks set to be determined by its banks after talks over a capital injection collapsed on Friday, the Financial Times said. The three most exposed banks Danske Bank, Danish Ship Finance and Nordea
      Reuters  -  215 words
    • Article
      Lock icon Carnival cruise ship released from Texas port
      453 28 Bloomberg [HOUSTON] A Carnival Corp cruise liner was released to sail from a Texas port by a US judge who ordered it seized on March 30 in a lawsuit over a death in the Costa Concordia shipwreck off Italy. US Magistrate Judge John
      Bloomberg  -  453 words
    • Article
      Lock icon Malta delists Iranian tanker carrying Syrian crude
      387 28 Reuters [VALLETTA, Malta] The Maltese Foreign Ministry said on Sunday that it was delisting a Maltese-flagged, Iranian-owned tanker which was carrying Syrian crude oil in breach of international sanctions. Reuters reported on Friday that the MT Tour, owned by ISIM Tour Ltd, identified
      Reuters  -  387 words
    • Article
      Lock icon Iraq working to defuse Hormuz
      446 28 AFP [BAGHDAD] Iraq is “working very hard” with Washington and Tehran to reduce tensions over Iran’s threat to close the Strait of Hormuz, a key global oil chokepoint, Baghdad’s top energy official said on Sunday. Deputy Prime Minister for Energy Affairs Hussein al-Shahristani said such
      AFP  -  446 words
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      20 28 OUT NOW! Only $4.20 Free! Hada Labo gift set worth $69.60 when you subscribe to Simply Her for 1 year!
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      1420 29 The Business Times Shipping times n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Email: singapore@balisagp.com Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination Destination STXPO TBN
      1,420 words
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      839 29 WALLENIUS WILHELMSEN LOGISTICS Tel: (65) 6379 5066 Fax: (65) 6379 5106 Email: 2wsinenq@2wglobal.com website: http://www.2wglobal.com AUSTRALIA NEW ZEALAND TO ASIA VESSEL VOY AKL BNE PKL MEL FRE SIN TAMERLANE FF213 16/03 19/03 22/03 28/03 02/04 09/04 ANIARA FF216 06/04 11/04 14/04 16/04 21/04 28/04 TIRRANNA FF217 13/04 17/04 20/04 22/04
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      2773 30 Transaction date: Apr 2 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Company Last Sale Vol Day Last Quote ('000) High Low Buyer Seller 114 92.5 AIMSAMPIReit 114 +1.5 262 114 113
      2,773 words
    • Article
      Lock icon SGX CATALIST
      216 31 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale (’000) High Low Buyer Seller C'vr P/E Smil 4.7
      216 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7451 31 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha Fund Cl A!** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund (USD)!** Aberdeen Asset Mgt Asia Limited AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mgt Asia Limited EM Local Ccy Bond
      7,451 words
    • Article
      Lock icon GLOBALQUOTE
      201 31 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 53.5 32 AVJennings A32.5 -1.5 22 34 32.5 32.5 38 3.6 10.8 2.6 84.6 46 25.5 Genting HK US$ US39.5 +0.5 6451 40 39 39 39.5 2600.9
      201 words
    • Article
      Lock icon SGX ETF
      907 31 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 103 100 CIMB APAC Div 100US$ US101 100.8 101.8 10.6 1261 856 CIMBAsean40 100US$ US1036xd -31 48 1063 1030 1037 1039 162.5 ***** ***** DBXT AUD
      907 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon SGX FUTURES
      568 32 Apr 2 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT *****.72 *****.35 *****.87 Jun12 *****.00 *****.00 *****.00 *****.00 *****4 *****9 Sep12 *****.00 *****.00 *****.00 *****.00 7 2544 MSCI TAIWAN INDEX FUTURES SPOT 282.73 283.20 280.64 Apr12 282.50 282.90 280.00 281.60 ***** *****9 May12 280.60 280.60
      568 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      99 32 As on 30 March 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT JUN2012 1672.10 1661.80 1670.60 299 CURRENCY AUD-USD FUT JUN2012 1.0318 1.0275 1.0278 16 EUR-USD FUT JUN2012 1.3373 1.3316 1.3337 7478 BASE METAL COPPER FUT MAY2012 8474 8393 8434 1432
      99 words
    • Article
      Lock icon CHICAGO BOT
      107 32 Mar 30 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 12 1403.00 1355.50 1416.00 1353.50 Jul 12 1408.25 1361.25 1422.00 1360.00 Aug 12 1400.50 1350.75 1413.00 1351.25 Sep 12 1376.00 1326.25 1388.75 1327.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 12 55.10
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 32 CRUDE OIL PRODUCTS Mar 30 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 123.30 0.16 WTI (Near Mth) 103.15 0.14 Dubai (1-Mth F) 119.98 -0.89 Tapis blend 130.19 -1.13 Minas 130.19 -1.13 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 116.67 -1.33 Jet Kerosene 135.54 -1.32 US$/barrel OpecOil Basket
      76 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 32 Apr 2 S$ Bid Offer 1-month 1.2528 1.2538 2-months 1.2527 1.2538 3-months 1.2524 1.2535 6-months 1.2515 1.2526 Source: OCBC
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    • Article
      Lock icon LONDON METALS
      66 32 Mar 30 Mar 30 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2087.00 2094.00 3 months 2126.00 2134.00 Copper, Grade A(US$/tonne) Cash 8474.50 8382.00 3 months 8445.00 8350.00 Lead(US$/tonne) Cash 2037.00 2004.50 3 months 2042.00 1995.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3
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    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 32 In local curr In S$ In US$ dy yr dy yr dy yr Mar 30 Index Change Change Change Change Change Change World Preliminary 917.2 0.4 10.5 0.3 7.6 0.5 10.9 EAFE Preliminary 746.0 0.4 9.4 0.6 6.7 0.7 10.0 Europe Preliminary 1097.3 1.0 6.9
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    • Article
      Lock icon LIFFE
      80 32 Mar 30 COCOA (£/tonne) Close Prev High/Low May 12 1462 1463 1478/1453 Jul 12 1476 1478 1490/1467 Sep 12 1482 1480 1492/1469 Dec 12 1485 1483 1495/1472 COFFEE(US$/tonne) Close Prev High/Low Mar 12 2031 2031 2024/2019 May 12 2026 2041 2049/2017 Jul 12 2040 2038 2054/2018 Sep 12 2054
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1213 32 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 280 20.00 25 Aztech Grp W*****3 0.3 unch 150 1 20 121 30.67 7 Baker Technology Ltd W*****6 3 1 32 11 10.50 7 Best
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    • Article
      Lock icon INTERBANK CROSS RATES
      470 32 Apr 2 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.038 6.557 0.779 8.083 52.906 95.438 0.863 11.724 3.177 1.268 94.413 44.458 1.305 7.939 0.938 30.706 32.080 0.649 1.041 Canada 0.964 6.319
      470 words
    • Article
      Lock icon SIBOR
      61 32 Apr 2 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths SWAP Mid rates (S$) 12 mths 0.***** SWAP
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    • Article
      Lock icon PRECIOUS METALS
      137 32 Apr 2 GOLD(US$/oz) Apr 02 Mar 30 Hong Kong 1673.50 1673.50 Mar 30 Mar 30 Mar 29 London 1663.30 1652.56 1664.30 1653.33 Source: Thomson Reuters CAST BAR Apr 02 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 162 67 5gm 459 337 10gm
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    • Article
      Lock icon GOVERNMENT SECURITIES
      91 32 Apr 2 Apr TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****S 05-Jul-12 0.30 1-Year BY*****W 01-Nov-12 0.32 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0H 0.250 01-Feb-14 100.19 100.22 100.18 5-Year N*****0Z 2.375 01-Apr-17 108.52 108.65
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    • Article
      Lock icon PALM OIL
      54 32 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 12 3520.0 3480.0 3570.0 3520.0 349 6042 May 12 3520.0 3449.0 3550.0 3513.0 1863 ***** Jun 12 3508.0 3433.0 3541.0 3501.0 ***** ***** Jul 12 3484.0 3411.0 3510.0 3481.0
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      Lock icon INTERBANK CURRENCY RATES
      154 32 Apr 2 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3037 1.3058 1.0406 1.0415 Canadian dollar 1.2567 1.2580 1.0031 1.0033 Euro 1.6745 1.6762 1.3366 1.3369 NZ dollar 1.0278 1.0294 0.8204 0.8210 Sterling pound 2.0085 2.0106 1.6032 1.6036
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      Lock icon FOREIGN CURRENCY NOTE RATES
      121 32 As at 9am Apr 02 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.336 1.273 Can dollar 1.281 1.232 Euro 1.703 1.638 Sterling pound 2.043 1.965 NZ dollar 1.058 1.008 US dollar 1.271 1.223 Local dollars to 100 units of foreign
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      Lock icon INTERBANK RATES
      154 32 Apr 2 $S Offer Bid 0vernight 0.01 par 1-month 5/16 3/16 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.03 US$ Offer Bid 7 days 0.25 0.15 1 month 0.40 0.20 2 months 0.50 0.30 3 months 0.60 0.40 6 months 0.90 0.70 9 months 1.05 0.85 12
      154 words
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  • PROPERTY
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      Lock icon Spanish home prices set for record falls
      1397 33 Govt pressure on banks to sell real-estate holdings accelerating decline Bloomberg [MADRID] Spanish home prices are poised to fall the most on record this year, leaving one in four homeowners owing more than their properties are worth, as the government forces banks to
      Bloomberg  -  1,397 words
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      Lock icon Arrests reveal succession risks at HK developers
      615 33 Bloomberg [HONG KONG] The arrest of the billionaire brothers who run Sun Hung Kai Properties Ltd by Hong Kong’s anti-corruption body may highlight succession risks at the city’s largest family controlled developers. The Independent Commission Against Corruption on March 29 detained and later
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      Lock icon Money talks in search for London hotels
      1019 34 There are still great places to stay during the Olympics if you can afford the bill AP [LONDON] Coming for the Olympics with money to spend? Then there’s still time to ensure you can take tea at The Ritz, drink at the Savoy’s
      AP  -  1,019 words
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      Lock icon Marriott may sell 3 hotels to expand boutique brand
      370 34 Bloomberg [LOS ANGELES] Marriott International Inc, the largest publicly traded US hotel chain, may sell its three Edition properties to fund an expansion of the boutique, luxury brand, incoming chief executive officer Arne Sorenson said. “We already have interested buyers,” Mr
      Bloomberg  -  370 words
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      Lock icon Olympic-size ice skating rink opens
      392 34  -  By ARTHUR LEE CAPITALAND in partnership with the Singapore Sports Council yesterday officially opened their first non-profit sports facility, an Olympic-size ice skating rink at JCube in Jurong East Central. The Community/Sports Facilities Scheme (CSFS) encourages the integration of these facilities in private commercial developments
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      Lock icon Bartley apartments, houses sold en bloc for $74.1 m
      378 36  -  First pure-residential collective sale of the year fetches $810 psf ppr By MINDY TAN BARTLEY Grove Apartment, together with three adjoining terrace houses has been sold to Bartley Homes Pte Ltd, a subsidiary of Top Global Ltd, for $74.1 million, or
      378 words
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      Lock icon H1 date for opening of Parkway’s ‘green’ hospital
      326 36  -  By ANNA LEE MOUNT Elizabeth Novena Hospital, which was recently awarded the Green Mark Platinum Award from the Building and Construction Authority, will open its eco-friendly doors to patients in the second half of this year. The 333-bed hospital, the latest from
      326 words
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      Lock icon UK house prices rise for first time in 21 months
      465 36 Buyers rush to beat end of stamp-duty exemption in March Bloomberg [LONDON] UK house prices rose in March for the first time in 21 months as buyers rushed to beat the expiration of a property-tax exemption and prices in London
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  • Page 33 Advertisements
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      237 33 Jones Lang iJJJJJ LaSalle FOR SALE BY PUBLIC TENDER Pasir Panjang Road Freehold Redevelopment Site Near Haw Par Villa MRT Station I West Coast Park I Kent Ridge Park Short Drive to City I West Coast Plaza 62,710 sf land I GPR 1.4; Residential NUS, S’pore Poly, Science Park Tender
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      168 33 Dream office, fully equipped, perfect price? Yes. Offices from $25 per person per day Reg us Work your way New centre: Tanjong Pagar 77 Robinson Road, #34-00 Robinson 77, Singapore Other locations in Singapore: Asia Square Centennial Tower One Fullerton One Raffles Place Samsung Hub UOB Plaza 1 Centre 1
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      275 33 Iconic Development SKY HABITAT Unique Architectural by Designer Architect Moshe Safdie www.thatpropertyiwant.com/skyhabitaf TYPE !3tf. > jstf Swi Irm+Study 2rm+Terrace 2rm+study+Terrace 3rm+Terrace 4rm+Terrace Penthouse WHY BUY Located at Bishan Central Well connected via Bishan MRT Expressway Retail Entertainment Amenities Many well-known education Institutions Unique Condo Facilities Call Developer Sales Team! William:
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      105 34 dm iii rr mii.. II u m offices PENINSULA PLAZA Contact: Investment Properties Low Choon Sin Sammi Lim (CEA Reg No.: R*****5H) (CEA Reg No.: R*****9J) Tel: 9841 0006 Tel: 9368 9803 6 Battery Road #32-01 Singapore *****9 View from actual unit > 999-year land tenure •Total strata area approx.
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      61 34 FOR SALE 200 UPPER THOMSON ROAD Freehold •11,011 sqft Commercial/Shop Long Term Lease •5+3+3 from 12/2011 Prime Tenant Annual Rent $633,600 Near Marymount MRT Future Enbloc Potential Share Value 20% Price $1,650 per sqft INVEST FOR LONG TERM YIELD AND CAPITAL GAIN Call Owner Wellspring Investments Ltd Office Tel: 6476
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      96 34 FOR SALE Address Description Land Area GFA Tenure Zoning 26 Tuas Ave 8 JTC Type C6 detached factory Approx. 56,844 sq ft Approx. 15,035 sq ft JTC 30 30 years wef 1st October 1984, subject to terms and conditions by JTC Business 2 For enquiry, please contact: Sole Marketing Agent
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      27 34 o www.omy.sg Phone omy apps o O a n J j r-i omy News omy Showbi ‘Apple is NOT a participant in or sponsor of this promotion.
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      328 35 138 Hobinson Hoacf BUSINESS RIGHT AT THE HEART OF THE ACTION. Prominently located at 138 Robinson Road, only minutes away from Tanjong Pagar MRT station, Oxley Tower is a stunning 32-storey freehold strata development that includes a 3-storey retail podium and a 29-storey office tower. With its modern amenities, striking
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